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Retailer Party City files for bankruptcy, will wind down 700 stores

By Mrinmay Dey (Reuters) – Party City, which has been struggling since the COVID-19 pandemic, filed for Chapter 11 bankruptcy protection in…
Investing

How Vuori reached a $5.5 billion valuation by taking share from Lululemon

When athleisure brand Vuori launched in 2015, it was headquartered in a garage, sold only men’s shorts and couldn’t get investors to…
Investing

Malls are using new restaurants to draw consumers as shopping centers reinvent themselves

Malls used to be the destination for the buzziest stores. Now they’re home to the hottest restaurants. The slow death of department…
Investing

How Trump could spare Biden’s renewable energy credits and still cripple his landmark climate bill

The fate of President Joe Biden’s landmark climate legislation, the Inflation Reduction Act, is in the hands of the incoming Republican-controlled White House,…
Economy

Italy fines OpenAI 15 million euros over privacy rules breach

MILAN (Reuters) – Italy’s privacy watchdog said on Friday it fined ChatGPT maker OpenAI 15 million euros ($15.58 million) after closing an…
Economy

BOE to cut 4 times in 2025 – Deutsche Bank

Investing.com – The Bank of England kept interest rates unchanged, as expected, on Thursday, but Deutsche Bank (ETR:DBKGn) expects the UK central…
Economy

Investors hope for US stock market trifecta in 2025 after back-to-back boom years

By Lewis (JO:LEWJ) Krauskopf NEW YORK (Reuters) – Investors are expecting more gains for the U.S. stock market in 2025 after two…
Economy

Hungary’s parliament backs 2025 budget plan, deficit target seen at risk

By Gergely Szakacs BUDAPEST (Reuters) – Hungary’s parliament approved Prime Minister Viktor Orban’s 2025 budget on Friday, shrugging off concerns by the…
Economy

Investors hope for ‘Santa Claus’ rally as stocks lose steam

By Lewis (JO:LEWJ) Krauskopf NEW YORK (Reuters) – With December so far delivering Scrooge-like returns in an otherwise stellar year for U.S….
Stock

Analysis-Trump’s lawyers bring broad approach to court battles with media

By Jack Queen and Helen Coster (Reuters) – President-elect Donald Trump is adopting a wide-ranging legal strategy in suing media companies over…
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